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Stingray Group Inc T.RAY.A

Alternate Symbol(s):  STGYF | T.RAY.B

Stingray Group Inc. is a Canada-based music, media, and technology company. The Company provides TV broadcasting, streaming, radio, business services, and advertising services. It also provides an array of music, digital, and advertising services to enterprise brands worldwide, including audio and video channels, over 100 radio stations, subscription video-on-demand content, FAST channels, karaoke products and music apps, and in-car and on-board infotainment content. The Company operates through two segments: Broadcasting and commercial music and Radio. The Broadcasting and commercial music segment specializes in the broadcast of music and videos on multiple platforms and digital signage experiences and generates revenues from subscriptions or contracts. The Radio segment operates several radio stations across Canada. The company distributes its products and services through various platforms that include digital cable TV, satellite TV, OTT, the internet, mobile devices, and others.


TSX:RAY.A - Post by User

Post by kijijion Dec 22, 2021 9:25am
366 Views
Post# 34253908

Stingray signs Dollarama to retail media network

Stingray signs Dollarama to retail media network
 
 
2021-12-22 09:12 ET - News Release
 
DOLLARAMA JOINS THE STINGRAY RETAIL MEDIA NETWORK
 
Dollarama Inc. has joined Stingray Group Inc.'s retail media network.
 
Under the agreement, Stingray will produce and dynamically insert digital audio advertisements within Dollarama stores connected to the retail audio network powered by Stingray's proprietary streaming media technology. The Stingray retail media network will enable advertisers to reach and connect with Dollarama principal shoppers at point of sale.
 
"Retail-based digital audio advertising enables brands to connect and remain top of mind with highly qualified consumers during their in-store shopping journey," said Ryan Fuss, senior vice-president, global media solutions of Stingray. "We are thrilled to partner with Dollarama to bring this new technology across its national network of stores, and look forward to building strong connections between its customers and brands."
 
The Stingray Retail Media Network will launch across Dollarama locations during the first quarter of 2022.
 
About Stingray Group Inc.
Montreal-based Stingray is a leading global music, media and technology company with over 1,000 employees worldwide. Stingray is a premium provider of curated direct-to-consumer and business-to-business services, including audio television channels, over 100 radio stations, SVOD content, 4K UHD television channels, Fast channels, karaoke products, digital signage, in-store music and music apps, which have been downloaded over 160 million times. Stingray reaches 400 million subscribers (or users) in 160 countries.
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